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CA ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook At the beginning of the year, Morgan Company had total assets of $440,000 and total liabilities of $290,000 Required: Use the fundamental accounting equation to answer the following independent questions: a. What is total stockholders' equity at the beginning of the year? 150,000 b. If, during the year, total assets increased by $85,000 and total liabilities increased by $38,000, what is the amount of total stockholders' equity at the end of the year? 197,000 c. If during the year, total assets decreased by $65,000 and total stockholders' equity increased by $45,000, what is the amount of total liabilities at the end of the year? d. 1f, during the year, total liabilities increased by $95,000 and total stockholders' equity decreased by $75,000, what is the amount of total assets at the end of the year? The fundamental accounting equation Assets Liabilities - Stockholders' Equity. It must remain in balance. Set up the equation, and in each situation add the increases or decreases Check My Work 1 more Check My Work uses remaining Next 00